SpaceX shares hit new all-time low of $110, report says

SpaceX shares have fallen to a new all-time low of $110, according to a report. The stock has been declining since its June IPO.

A report on Monday evening indicated that SpaceX (NASDAQ: $SPCX) shares have dropped to a new all-time low of $110. The aerospace giant went public in June at $135 per share and initially surged to over $2 trillion in market value. The stock later fell below its IPO price in mid-July, and the current report suggests further decline. The Zioneer had previously reported on the decline below the IPO price on July 16. The report did not provide further details on the reasons for the drop.

• Developing18:49 · 16 JulSpaceX shares fall below IPO price on Wall Street, N12 reports
• Developing18:50 · 12 JunSpaceX shares open at $150 after IPO prices at $135
• Developing17:16 · 16 JunSpaceX market value nears $3 trillion amid continued rally
• Developing23:11 · 12 JunSpaceX closes first trading day up 19%, valued at $2.1 trillion

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